Hello vikings!
Time for some real talk... Everyone's hyping altseason, but let's get real. I predicted on Twitter in Nov that altseason would kick off between Dec 26, 2024 - Jan 6, 2024. Now, after two flash crashes, the market's lost.
Past cycles hint at this, but aren't identical. People forget Bitcoin's dominance has risen for 10 days straight without dropping. Altcoins' market cap is stuck, waiting for Bitcoin's cue. For altseason to happen, Bitcoin's dominance needs to drop.
Do you really wanna buy altcoins at the top, chasing BTC's ATHs without a correction since the US elections? Sounds desperate. Any BTC dip could wreck some altcoins.
Just a heads up. Protect your capital; the drop is coming. Be ready to buy. If we break $102k, $90k, $88k, and $86k are next!
$BTC $ETH $XRP